BNY Mellon · Illinois · 2025

BNY Mellon in Illinois: approval rate, denial rate and rates (2025)

BNY Mellon took 19 mortgage applications in Illinois in 2025, ranking #600 of 1,150 lenders active in the state. It originated 73.7% of them and denied 5.3% (5.9% of the applications it decided), against a statewide denial rate of 17.1%.

19Applicationsin IL
5.9%Decision denial ratestate 21.7%
6.00%Median ratestate 6.75%
$885,000Median loanstate $185,000
$15MVolume4 counties

BNY Mellon in Illinois vs the state

5.3%Denial rate-11.86 pts vs state
5.9%Decision denial rate-15.80 pts vs state
73.7%Origination rate+14.94 pts vs state
6.00%Median rate-0.75 pts vs state
-0.07Rate spread (pts)-0.45 pts vs state
$548kMedian applicant income
14Loans originated
1Denied

Trend in Illinois

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023251912.0%5.63%#561
202413120.0%6.50%#638
202519145.3%6.00%#600

What BNY Mellon lends in Illinois

By loan purpose

Home purchase 17 89% · 0.0% denied
Refinance 1 5% · 100.0% denied
Other / HELOC 1 5% · 0.0% denied

By loan type

Conventional 19 100% · 5.3% denied

Why it denied Illinois applicants

Collateral 1 100%

Where in Illinois

Counties with the most BNY Mellon applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cook County 1281 8.3%
Lake County 430 0.0%
DuPage County 220 0.0%
Kane County 110 0.0%

Other large lenders in Illinois

LenderGradeApplicationsDenial rateMedian rate
Guaranteed RateB 17,4794.9%6.63%
Rocket MortgageC 16,97119.7%6.75%
United Shore Financial ServicesB 15,64413.0%6.50%
JPMorgan Chase BankB 13,5749.7%6.49%
U.S. BankD 10,07638.3%7.00%
Crosscountry MortgageB 8,7794.5%6.75%
Fifth Third BankD 8,62832.1%7.50%
The Huntington National BankD 8,22631.9%6.99%
BMO BankF 8,00732.7%8.33%
Loandepot.ComD 7,01917.7%6.88%

Frequently asked questions

Illinois: 19 applications in 2025, of which 14 were originated and 1 denied.

5.3% of all applications, or 5.9% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.

The median rate on loans BNY Mellon originated in Illinois in 2025 was 6.00%, against a statewide median of 6.75%.

About this data. Figures are BNY Mellon's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology